Agenda Item Wording:
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Capital Improvement Program - Continue review of select fiscal year 2026/27 and 2027/28 Capital Improvement Program Budgets and future capital projects. Funds to be reviewed are Gas Tax, SB1, Measure R Local & Regional, Transportation Impact Fees, Landscape & Lighting, State Transportation and NE Capital Improvement.
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Prepared by: Nichol Ritchie, Finance Manager Nichol.Ritchie@Visalia.gov, (559) 713-4379; Renee Nagel, Finance and Technology Director Renee.Nagel@Visalia.gov, (559) 713-4375.
Department Recommendation: It is recommended that the City Council receive this third Capital Improvement Program (CIP) presentation and provide directions as appropriate. Council is scheduled to take a motion on the CIP budget with the operating budget in June 2026. No formal action is required or requested at this time.
Summary:
The Capital Improvement Program (CIP) represents a comprehensive six-year planning document that outlines the City's proposed capital investments in infrastructure, facilities, and equipment. The first two fiscal years (FY 2026/27 and FY 2027/28) are proposed for adoption and appropriation, while the subsequent four years are included for long-range planning purposes to provide transparency regarding anticipated infrastructure needs, funding capacity, and future project timing.
Only the first two years of the CIP will be appropriated in the proposed two-year budget and therefore warrant the greatest level of review.
This CIP includes proposed capital projects that address regulatory requirements, street maintenance and rehabilitation, traffic signal improvements, corridor capacity enhancements, and development-related transportation infrastructure. These investments support the continued maintenance and improvement of the City's transportation network and help accommodate future growth while maintaining safe and efficient travel throughout the community.
Background Discussion:
Capital Review Process: ...
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